PT Korea Investment & Securities (KIS) Indonesia, the principal subsidiary of Korea Investment and Securities Co., Ltd. (KIS) also Korea Investment Holdings (KIH) officially launched its operation to serve the Indonesian market.

KIS has acquired 75% of KIS Indonesia (formerly PT Danpac Securities) with the final equity recorded a number of Rp181.2 trillion (as of the end of May 2018), with a cash injection of US$33.5 million for new shares offered in the form of third-party ownership. Total equity of KIS Indonesia grew an average of 7x, jump into the league table (based on the amount of equity) to 11th among 106 securities firms in the country.